by hjadmin | Nov 5, 2021 | For Sellers, Housing Market Updates, Infographics, Selling Myths
Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up...
by hjadmin | Nov 4, 2021 | Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Short Sales
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble...
by hjadmin | Nov 3, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in...
by hjadmin | Nov 2, 2021 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing...
by hjadmin | Nov 1, 2021 | Albuquerque Real Estate News
Interest rates goes up in Albuquerque. Reports from Mortgage Banker’s Association conference (Transcript Snippet): “Tego: Um, a couple headlines of the week, um, interest rates, interest rates have gone up, if you hadn’t heard. Um, you know,...